Change in Statutory Auditors – Palash Securities Limited
Outgoing Auditor
Not Specified
Incoming Auditor
Name of the New Audit Firm: M/s. Singhi & Co., Chartered Accountants
Firm Registration Number (FRN): 302049E
Term of Appointment and Validity: Five consecutive years commencing from the conclusion of the 12th Annual General Meeting [August 5, 2026] until the conclusion of the 17th Annual General Meeting of the Company
Interim Appointment or Subject to Shareholder Approval: Appointment was approved by shareholders at the 12th Annual General Meeting held on August 5, 2026
Qualifications or Professional Standing: M/s Singhi & Co. is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI), founded in 1940 by Late R. C. Singhi. The firm has over 600 people providing services in Audit & Assurance, Risk Consulting & Internal Audit, Corporate Finance, Tax, Outsourcing and Management Consulting. It has more than 150 listed companies as clients and is ICAI Peer Reviewed.
Board / Committee Meeting Details
The appointment was based on the recommendation of the Audit Committee and the Board of Directors of the Company. The Members at the 12th Annual General Meeting held on Wednesday, August 5, 2026 approved the appointment.
Regulatory Compliance Statement
This intimation is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure was filed with both National Stock Exchange of India Ltd. and BSE Ltd. on August 5, 2026.
Annexures / Firm Profiles
The company provided Annexure I which includes the brief profile of M/s. Singhi & Co. and details of the appointment.
Other Corporate Information
The company's registered office is at P.O. HARGAON, DIST SITAPUR (U.P.), PIN – 261 121. Company Identification Number is L74120UP2015PLC069675. The communication was signed by Vikram Kumar Mishra, Company Secretary (FCS: 11269).